DOWN PAYMENT:$10,000 down payment within 24 hours of auction closing and with balance in cash at closing. The down payment may be in the form of cash, cashiers check, personal check or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.

BUYER`S PREMIUM: A buyer's premium of 10%, with a minimum of $3500, will be added to the final bid price of the property.

APPROVAL OF BID PRICES: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. All final bid prices are subject to the Sellers acceptance or rejection.

DEED: Seller shall provide a Warranty deed.

EVIDENCE OF TITLE: Seller shall provide title insurance in the amount of the purchase price.

CLOSING: Closing shall take place in 30 days,

POSSESSION: At closing.

REAL ESTATE TAXES: Taxes are pro-rated and final at day of closing

ACREAGE: All acreage is approximate and has been estimated based on current legal descriptions and/or aerial photos.

SURVEY: There shall be no survey

EASEMENTS: The sale of the property is subject to any and all easements of record.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. Tract acreage has been estimated based on aerial photographs. The property is being sold on an AS IS, WHERE IS basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquires, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the persons credentials, fitness, etc. All decisions of the auctioneer are final.

ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE.

Online Only Real Estate Auction Bidding Begins to Close December 15th @ 6:30pm CDT Located at 554 E South Railroad Ave Michigan City, IN. Up for bid is this unique property set on 7 acres in rural North Porter County Indiana. Built in 1929 this country home features 4 bedrooms, 1 bath, and 2200+ square feet of space. The home also has a full basement, screened front porch, and a separate staircase for second floor entrance. Detached from the home is a steel 700+ square foot pole barn and a wood 700+ square pole barn used once as a ceramics workshop. An additional small shed is also on the property. This property consists of 7 acres total with both a nice open field perfect for that large garden or mini farm. Of the 7 acres there is over 4 acres of wooded property. Conveniently located only minutes from I-94, downtown Chesterton and downtown Michigan City, but still has that country feel. Taxes 2020 Pay 2021: $690.26 (with exemptions). Open House: December 12th 12pm-2pm. Can't make it? Call for a private showing. Owner: Herbert T George Family Trust and Mary Jane George Living Trust Terms: $10,000 non-refundable down payment to paid within 24 hours of auction closing, closing in 30 days, sold as-is, possession at closing, warranty deed, taxes pro-rated and final to day of closing, sells with seller's confirmation, and subject to a 10% buyer's premium or $3500, whichever is greater. Broker participation is welcome. Kraft Real Estate Auctions, LLC - AC31900011 Col. Conrad Kraft- AU01032667 Jonathan Kraft AU10500173 Managing Broker: Jay Mayden 219-973-9240 ~ Info@KraftAuctions.com KraftAuctions.com